…these universities and colleges weren’t being funded mostly by tuition. And should Republicans actually acknowledge that current high levels of student debt–debt already incurred, which was the subject of that…

…a competitior in the economy. So, how convienent the conservative issue is debt. Too much of it they say. Too much spending. HA! The real debt is in the lack…

Kevin Drum pushes back on the WSJ claim that household debt is a problem in America, and Kevin brings the receipts: “. . . debt as a percent of disposable…

…“grand bargain.” Woodward’s piece is labeled opinion. But it is in fact not opinion; it is bald representation of fact. In other words, it is standard journalism reportage. Except for…

…more deficits and debt before we were done with it. We ended up with failed (de)regulatory policies. They allowed Big Banks and their big moneymakers to speculate their way into…

(Chart via Orcam Investment Research) http://pragcap.com/an-alternative-view-on-the-corporate-cash-hoard let me say, however, that I think there’s a very good case that the redistribution of income away from labor to corporate profits is…

…a stellar job a week before his inaugural address explaining the debt ceiling law and what “raising the debt ceiling” means–and that ti does not mean what the Republicans’ campaign…

…become the focus. (If it is costly to change prices, inflation creates a deadweight loss.) And, since the model is devoid of banks, there is no private debt. As I…

…overleveraged company that is less stable and has to use more of its cash flow to pay off the debt. One result of excessive debt is that expenditures for maintenance…

…“return to mother” is Sumerian-speak for “jubilee”–as in “debt forgiveness” or “freedom from debt.” Here’s how David Graeber explains it in his brilliant book Debt: The First 5,000 Years: …Sumerian…